Snapchat parent kept Project Voldemort dossier on how Facebook thwarted competition--WSJ

Snapchat parent kept Project Voldemort dossier on how Facebook thwarted competition--WSJ

Snap's talks with the Federal Trade Commission are part of a larger probe into Facebook's business tactics, in which the FTC has made contact with dozens of tech executives and app developers.Facebook's stock slipped 0.1% in premarket trading while Snap shares fell 0.7%.

'No basis for government to interfere': Facebook fights new rules

'No basis for government to interfere': Facebook fights new rules

Facebook has taken aim at Australia's competition watchdog for recommending "dangerous" privacy changes and wrongly conflating the social media giant with search engine Google as part of its world-first inquiry into the tech companies.

Facebook joins Google in states’ antitrust crosshairs

Facebook joins Google in states’ antitrust crosshairs

Gen. Letitia James is leading a bipartisan coalition of states looking into whether Facebook “stifled competition and put users at risk” by increasing the price of advertising, reducing consumer-choice quality and mishandling personal information, according to a statement Friday.

Facebook on the hook as states launch competition, privacy probe

Facebook on the hook as states launch competition, privacy probe

"I’m launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers’ choices, or increased the price of advertising," New York attorney general Letitia James said this morning.

Facebook-Instagram Deal Warrants New Scrutiny, Colorado AG Says

Facebook-Instagram Deal Warrants New Scrutiny, Colorado AG Says

(Bloomberg) -- Antitrust officials are right to look back at Facebook Inc.’s acquisition of Instagram to determine whether the deal harmed competition, Colorado’s attorney general said, adding to calls for renewed scrutiny of the takeover of the photo-sharing site.

Proposed bill would make monopolies pay “serious” fines

Proposed bill would make monopolies pay “serious” fines

The proposed law basically seeks to deter anticompetitive and monopolistic behavior by charging great gobs of money against the companies that get caught doing it.And in that same week, Facebook said it was the target of an FTC antitrust investigation, separate from the FTC's probes into its privacy practices.

The world’s most valuable resource is no longer oil, but data

The world’s most valuable resource is no longer oil, but data

Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. Far from gouging consumers, many of their services are free (users pay, in effect, by handing over yet more data).

The FTC is investigating Facebook. Again.

The FTC is investigating Facebook. Again.

But focusing on pricing alone doesn't help when regulators look at companies like Facebook or Google, because the financial cost to the individual user is $0.

The EU just launched a big antitrust probe into Amazon, and it could lead to a fine of up to $23 billion

The EU just launched a big antitrust probe into Amazon, and it could lead to a fine of up to $23 billion

Competition Commissioner Margrethe Vestager, who is leading the investigation, said in a statement on Wednesday that she would be taking a "very close look" at Amazon's "dual role." "The Commission will focus on whether and how the use of accumulated marketplace seller data by Amazon as a retailer affects competition," it added.

Facebook and Google’s Data-Control Tactics Aren’t Just a Privacy Issue Anymore

Facebook and Google’s Data-Control Tactics Aren’t Just a Privacy Issue Anymore

“We propose to consider whether consumers have the knowledge, skills and desire to control how data about them is collected and used by the online platforms, and how far they are able to exercise such choice,” the CMA said.

Amazon confirms it keeps your Alexa recordings basically forever

Amazon confirms it keeps your Alexa recordings basically forever

The company admitted in April that human employees listened to a "small sample" of Alexa audio recordings to transcribe and annotate to help improve the software, one of the several reports that led Coons to issue his request for information to Amazon.

Google is tech's top spender on lobbying — Facebook and Amazon are also at record levels

Google is tech's top spender on lobbying — Facebook and Amazon are also at record levels

Sundar Pichai, chief executive officer of Google, is sworn in during a House Judiciary Committee hearing in Washington, D.C., U.S., on Tuesday, Dec. 11, 2018.As the biggest U.S. technology companies face increasing scrutiny from regulators related to privacy practices and market control, they're spending a lot more money to try and influence lawmakers.

Privacy issues roll on because tech giants have no competition, experts tell Congress

Privacy issues roll on because tech giants have no competition, experts tell Congress

This lack of competition is the root of privacy issues for tech companies, experts said, and why several lawmakers have called for a breakup of Facebook.

Elizabeth Warren applauds Facebook cofounder's call to break up the tech giant into 3 companies

Elizabeth Warren applauds Facebook cofounder's call to break up the tech giant into 3 companies

Sen. Elizabeth Warren , the Massachusetts Democrat who is running for president in 2020, has celebrated the Facebook cofounder Chris Hughes' call to break up Facebook two months after she rolled out her own plan to break up the largest US tech companies, including Amazon, Google, and Facebook.

Apple defends removing parental control apps

Apple defends removing parental control apps

Some app-makers claimed Apple had removed their products from the App Store after Screen Time was launched, and said it was trying to limit competition. However, in a blog post, Apple said it had taken action against apps that were using "risky" Mobile Device Management (MDM) to control children's smartphones.

Google fined $1.7 billion over a 3rd breach of EU antitrust rules in 3 years

Google fined $1.7 billion over a 3rd breach of EU antitrust rules in 3 years

She said Google was being punished for "illegal practices in search advertising brokering to cement its dominant market position." She added: "They shouldn't do that — it denied consumers choice, innovative products, and fair prices." Specifically, Vestager's team concluded that third-party websites — such as newspapers and travel sites — that used Google to power their search and advertising features had "restrictive clauses in contracts" preventing them from hosting ads from rival search engines, according to a press release .

Why the 2020 US election campaign will be brutal for Big Tech

Why the 2020 US election campaign will be brutal for Big Tech

The Massachusetts senator is calling for legislation that would designate the companies as “platform utilities” and the appointment of regulators who would unwind technology mergers that undermine competition and harm innovation and small businesses.

Elizabeth Warren says she wants to break up Amazon, Google, and Facebook

Elizabeth Warren says she wants to break up Amazon, Google, and Facebook

“To restore the balance of power in our democracy, to promote competition, and to ensure that the next generation of technology innovation is as vibrant as the last, it’s time to break up our biggest tech companies.” The proposal notes that major companies have tightened their grip on the digital market through mergers, but regulators have largely let those deals pass.

A Privacy-Focused Facebook? We'll Believe It When We See It.

A Privacy-Focused Facebook? We'll Believe It When We See It.

The Proof is in the Pudding At the core of Zuckerberg’s announcement is Facebook’s plan to merge its three messaging platforms: Facebook’s Messenger, Instagram’s Direct, and WhatsApp. The announcement promises security and privacy features across the board, including end-to-end encryption, ephemerality, reduced data retention, and a commitment to not store data in countries with poor human rights records.

A Serious Concern About Post-Quantum Cryptography and Strength Targets

A Serious Concern About Post-Quantum Cryptography and Strength Targets

A “Security Level 1” cipher that has a breakthrough that allows a sqrt speedup on analysis suddenly only has 64 or less “bits of strength”, which is very breakable.

Facebook says people, not regulators, should decide what is seen

Facebook says people, not regulators, should decide what is seen

"People, not regulators, should decide what they see in their news feeds," Facebook wrote in an unpublished submission to the ACCC's digital platforms review.

Facebook may not collect or combine personal data using “forced consent”, says German competition authority

Facebook may not collect or combine personal data using “forced consent”, says German competition authority

The basic argument of the Bundeskartellamt is that Facebook abused its dominant position to force users to agree to their personal data being collected and combined with similar information gathered elsewhere.

German Regulators Just Outlawed Facebook's Whole Ad Business

German Regulators Just Outlawed Facebook's Whole Ad Business

But Facebook says that tracking people makes the services safer and better, and that the FCO misses how much the company has done in order to comply with the General Data Protection regulation passed by the European Union in 2018.

Facebook Says It Needs to Collect All Your Data to Protect Against Terrorism and Child Abuse

Facebook Says It Needs to Collect All Your Data to Protect Against Terrorism and Child Abuse

Photo: Getty Images Facebook was slapped with a ruling in Germany today that limits how the social media giant can collect data across its multiple platforms, like WhatsApp and Instagram.

Antitrust is beginning to bite the big tech companies

Antitrust is beginning to bite the big tech companies

Image source Today the German Antitrust authority (Bunderskartellamt), whose job it is to keep companies’ power in check, found that Facebook abused its dominance of the social network market to track and collect users’ personal data in ways users do not know about.

Facebook ordered to stop combining WhatsApp and Instagram data without consent in Germany

Facebook ordered to stop combining WhatsApp and Instagram data without consent in Germany

The order applies to data collected by Facebook-owned platforms like WhatsApp and Instagram, but also third-party sources that Facebook uses to flesh out its advertising profiles, including those of non-users.

Turkey to investigate whether Google violated competition law

Turkey to investigate whether Google violated competition law

ANKARA (Reuters) - Turkey's competition authority said on Monday it had launched an investigation into whether internet search engine Google broke competition law with algorithms it uses for searches and to target advertisements. ADVERTISEMENT Calls by Reuters to Google Reklamcilik ve Pazarlama, Alphabet's local unit, were not answered on Monday.

HOW Amazon is Bad for Business

HOW Amazon is Bad for Business

In the case of marketplaces, both the sellers and buyers can own the platform so that the sales channel, Amazon in our example, does not make major decisions that only benefit it.

Net Neutrality and the Tyranny of the ISPs – Skycoin – Medium

Net Neutrality and the Tyranny of the ISPs – Skycoin – Medium

Net Neutrality and the Tyranny of the ISPs Part II — DOMESTIC Around the world, Internet Service Providers (ISPs) are exploiting a lack of competition to price gouge consumers, facilitate government surveillance and create profound inequality of internet access.

Google, Facebook, and Amazon benefit from an outdated definition of “monopoly”

Google, Facebook, and Amazon benefit from an outdated definition of “monopoly”

For decades the standard for evaluating whether to break up monopolies, or block the mergers that create them, has been “consumer welfare.” And this consumer welfare standard has predominantly been interpreted as low prices.